AP Alternative Assets, L.P. ("AP Alternative Assets") announced
today that, on January 31, 2008, it issued 16,135 common units, in the
form of RDUs, to AAA Holdings, L.P. at a price per unit of US$14.25.
The units issued were subscribed for by AAA Holdings, L.P. in
fulfillment of Apollo´s obligation to reinvest a portion of the
carried interests received by it in respect of investments made by AAA
Investments, L.P. as set forth in our prospectus.
This announcement does not constitute or form part of an offer to
sell or solicitation of an offer to purchase or subscribe for
securities issued by AP Alternative Assets, L.P. in the United States
or in any other jurisdiction. No such securities have been or will be
registered under the U.S. Securities Act of 1933, as amended (the
"Securities Act") or under the securities laws of any other
jurisdiction, and such securities may not be offered or sold in the
United States or in any other jurisdiction absent registration or
pursuant to an applicable exemption from the registration requirements
of the Securities Act or from the registration requirements in any
such other jurisdiction. No public offering of AP Alternative Assets´
securities has been or is being made in the United States or in any
other jurisdiction.
About AAA
AP Alternative Assets was established by Apollo and is a
closed-end limited partnership established under the laws of Guernsey.
Apollo is a leading private equity and capital markets investor with
18 years of experience investing across the capital structure of
leveraged companies. AP Alternative Assets is managed by Apollo
Alternative Assets, L.P. and invests in and co-invests with Apollo´s
private-equity and capital-markets investment funds. For more
information about AP Alternative Assets, please visit
www.apolloalternativeassets.com.
